THE GROCERY PRICE INDEX

How much did chicken cost in 1988?

Chicken averaged $0.85 per lb in 1988 — about $2.41 in 2026 dollars.

Chicken price in 1988 Monthly average price (USD per lb) · 1988
$0.70$0.75$0.80$0.85$0.90$0.95$1.00JanMarMayJulAugOctDecJan 1988$0.74Sep 1988$0.98Dec 1988$0.89basketreport.com

12 monthly observations · Source: BLS series APU0000706111.

In 1988, chicken averaged $0.85 per lb at the U.S. city average, across all twelve months, according to U.S. Bureau of Labor Statistics average price data. The monthly price ranged from $0.74 in January to $0.98 in September. Over the year it rose from $0.74 in January to $0.89 in December, a 19.6% increase.

Adjusted for inflation, $0.85 in 1988 is worth about $2.41 in 2026 dollars. Today chicken averages $2.04 per lb, so in real terms it is 16% cheaper than it was in 1988. In plain (unadjusted) dollars the price is up 140% versus the 1988 average.

1988 monthly prices

MonthPriceMoM
January $0.74 ▲ 0.5%
February $0.75 ▲ 0.7%
March $0.75 ▲ 1.1%
April $0.76 ▲ 0.9%
May $0.80 ▲ 4.7%
June $0.87 ▲ 9.1%
July $0.94 ▲ 8.0%
August $0.96 ▲ 2.6%
September $0.98 ▲ 1.5%
October $0.93 ▼ 4.4%
November $0.89 ▼ 4.3%
December $0.89 ▼ 0.8%
1988 average$0.85

FAQ

What was the average price of chicken in 1988?

Chicken averaged $0.85 per lb in 1988, based on 12 months of BLS average price data.

How much is $0.85 of 1988 chicken worth today?

Adjusted for inflation with the CPI-U, $0.85 in 1988 is about $2.41 in 2026 dollars.

How does the 1988 price of chicken compare to now?

Chicken now averages $2.04 per lb, up 140% from the 1988 average of $0.85.

Cite this

Plain text
Basket Report. "Chicken price in 1988 (U.S. average)." Basket Report — Grocery Price Index. Retrieved June 26, 2026 from https://basketreport.com/prices/chicken/1988/. Data: U.S. Bureau of Labor Statistics, series APU0000706111.
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<a href="https://basketreport.com/prices/chicken/1988/">Chicken price in 1988 (U.S. average) — Basket Report</a> (data: U.S. Bureau of Labor Statistics, series APU0000706111; retrieved June 26, 2026)
APA
Basket Report. (2026). Chicken price in 1988 (U.S. average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/chicken/1988/